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20121119
20121119
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what you want to do. connell: even when you listen to john boehner and others coming out, we are making progress. making progress means revenue is on the table. entitlement cuts, presumably, are on the table. >> it depends on what we mean by increased revenue. they have two courts declare principles that place here. number one, do not raise taxes. number two, cut spending. to you. out of revenue either by lowering rates or closing those loopholes? dagen: someone will behave more regardless. >> here is the problem for the republicans. they have lost control of this narrative. it is hard for them to break through. what they really need to be talking about is the spending side of this equation. look, the united states of america does not have a revenue problem. there is plenty of revenue even in this depressed economic state. the problem is spending. you never starve the beast. connell: how do you switch it back? >> this is up to john boehner. it is up to the house republicans. the tea party caucus which is talking about the tax reform and really cutting spending, they are the only people
boehner said he is more interested in half that amount. >>shepard: all of the tax cuts are going to expire because the republicans and democrats signed off on it. what they can do now is re-instate the tax cuts. >>gerri: extend them. >>shepard: the president is vetoing them for the richest. if they don't do anything they expire if everyone. the fiscal cliff has had problems and impact on how corporations are doing business. >>gerri: these are new numbers, the "wall street journal" put these out saying that overall spending by companies is down 1.3 percent and capital spending down, as well. companies are retrenching, spending less. they decided they want to spend husband h -- spend less because this is uncertainty. >>gerri: we need the companies to hire people and expand and open more plants around the world and in the united states. >>shepard: that would be nice. >> we have the executive business editor and assistant managing editor of the the "wall street journal," parent company of this network. where are we? >> we had two rots looking into filings by companies and to pick up on what ge
Search Results 0 to 1 of about 2